SEC Fines BlackRock $2.5M for Incorrect Investment Disclosure

SEC Fines BlackRock $2.5M for Incorrect Investment Disclosure

The U.S. Securities and Exchange Commission (SEC) has imposed a $2.5 million fine on BlackRock Advisors for misrepresenting investments in its publicly traded BlackRock Multi-Sector Income Trust. According to the SEC, between 2015 and 2019, the world's largest asset...

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